Ardmore Construction Limited (01185592): administration
- Status
- In administration
- Administration began
- 2025-08-28
- Administrators
- Dominik Thiel-Czerwinke, Jamie Taylor, Jason Callender
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1974-09-30
- Location
- Leigh-on-Sea
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Creditor pressure / legal action
- Rising costs / inflation
- Supply chain disruption
- Property / lease costs
- Rising interest rates
From the administrators' statement
Ardmore Construction Limited (“the Company’) is a family business commenced in 1974 as a main contractor for the construction of residential and commercial developments in the UK with a specific geographical focus on London and the South East. The type of work undertaken by the Company was developments of high end luxury apartments, hotel refurbishments and mixed residential schemes for private housebuilders and housing associations. Turnover peaked at £415million in 2022 and in 2023 reached £313million.
The Company has suffered the usual late payment, supply chain failures and overall increases in costs including rising interest rates and their effect on the bonds, but despite this, the Company has managed to maintain good financial standing and was looking forward to future work awards in excess of £500million.
The Company's problems began post the Grenfell Tower tragedy with the resultant Building Safety Act 2022 ("BSA22”), making contractors liable under the Defective Premises Act 1972 and the Building Act 1984. BSA22 made provision for the Court to allow retrospective liabilities to be claimed against associated companies or individuals to the party responsible for the defective build in the first instance. Additionally, potential liabilities under the BSA22 have been extended from 6 years post completion to 30 years post completion for claims accruing before June 2022 and prospectively to 15 years.
Administrators' statement of proposals (2025-10-15) · Companies House register